Monthly Archives: February 2016

Dublin office rents expected ‘to soar’ by 18%

  The upgraded forecast, from property consultancy HWBC, suggests rents for prime Dublin office space will reach €65 per sq ft by the end of this year. This would represent a more than doubling in rates in the past four … Continue reading

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Housing should be new government’s priority

Young people find themselves tethered at every turn, as we reveal today, in their attempts to get onto the property ladder. Yet, instead of it being at the core of the election campaign, it seldom figures as an issue, despite … Continue reading

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Cash buyers make up 47% of all residential sales

Some 15 per cent of cash purchasers in the residential housing market are first-time buyers, according to an analysis by estate agent Savills. John McCartney, director of research at Savills, said this was due to purchasers “relying on the bank … Continue reading

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Fall in mortgage approvals and drawdowns for first-time buyers

Tougher Central Bank lending restrictions continued to impact on the property market during the last three months of 2015 with the number of mortgages approved and drawndown slowing. New figures published by the Banking and Payments Federation Ireland show 8,103 … Continue reading

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Rural homes to gain most as prices rise

According to the SCSI, prices rose by an average of 8.8pc nationwide in 2015. That tells only half the story, however. In Dublin, prices rose by only 4.8pc in 2015. That contrasts sharply with a year earlier, when the SCSI … Continue reading

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